Mar 5, 2008
Marketplace for Wednesday, March 05, 2008
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Brazil's JBS, the world's biggest beef producer, is looking to buy two U.S. beef companies: Smithfield Beef Group and National Beef Packing Co. The move would make the Brazilian company the largest beef producer in America. Dan Grech reports.
As the credit crunch continues, many businesses have to file for bankruptcy. That means that one area of business is booming: bankruptcy services firms. John Dimsdale reports on how they are staffing up.
According to a study published by the Journal of the American Medical Association, more expensive medications relieve pain better, even when they're placebos. Jeff Tyler reports sometimes perception is reality.
Wal-Mart, one of the biggest corporate charitable donors in the U.S., is changing the focus of its philanthropic efforts to target education, job training and health care. Tess Vigeland speaks with Margaret McKenna, president of the Wal-Mart Foundation.
Xerox has unveiled its new brand logo on racing superbikes as part of a multimillion-dollar rebranding campaign. But how much can a new logo really convey? Jennifer Collins reports.
Chinese Premier Wen Jiabao pledged to fight inflation and government bureaucracy, which have been pushing the cost of living up for the Chinese working class. Bob Moon reports on whether his words will result in real reforms.